Post Utme Skyline University 2017 Commerce Question 25
Practice objective / multiple choice question 25 from the 2017 Post Utme Skyline University Commerce examination.
A consumer has the following utility function: U = 2x + 3y. If the prices of x and y are ₦50 and ₦75 respectively, and if the consumer's income is ₦1000, what is the optimal bundle of x and y?
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This is Post Utme Skyline University 2017 Commerce Question 25. It is one of the objective questions from the 2017 Post Utme Skyline University Commerce examination.
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